Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Aster against Phemex−0.120%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Aster is 0.120% cheaper against Phemex than usual: you would sell low and buy high, −$12 on $10k if it goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phemex ALGOUSDT | 0.1122 | 0.0100 | pay 0.0100% / 8h | 4h 01m | $3.8M | $1.8M | 50x |
| Short | Aster ALGOUSDT | 0.1121 | 0.0100 | get 0.0100% / 8h | 4h 01m | $44K | $38K | 5x |
Phemex ALGOUSDT
Aster ALGOUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against Phemex. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $0
- Price spread: −0.120% → 0.000%
- −$11.98
- Slippage, 4 orders
- no order book: not counted
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$31.98
- Costs to cover
- 0.200%
- Break-even
- never at this rate
Slippage unknown: Phemex: live order book, 2 min ago; Aster: no order-book sample. Net counts fees only.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Phemex live order book, 2 min ago | 8.91 bp | 27.0 bp −$27 | 60.5 bp −$605 | doesn't fit | doesn't fit |
| Sell Aster no order-book sample | — | — | — | — | — |
Aster: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
ALGO on 22 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| gTrade (Gains Network) ALGO/USD | L −0.0001% / S +0.0003% | 1h | 0.1120 | −0.169% | $17K | — | 150x | as long as short |
| Deribit ALGO_USDC-PERPETUAL | 0.0000% | 1h | 0.1121 | −0.089% | $89K | $44K | 25x | as long as short |
| Injective ALGO/USDC PERP | +0.0033% | 1h | 0.1120 | −0.178% | $834 | $233K | 12x | as long as short |
| Coinbase International ALGO-PERP-INTX | +0.0080% | 1h | 0.1119 | −0.276% | $88K | $285K | 50x | as long as short |
| Hyperliquid ALGO | +0.0100% | 1h | 0.1122 | 0.000% | $3.6M | $2.0M | 5x | as long as short |
| Aster ALGOUSDTshort | +0.0100% | 8h | 0.1121 | −0.120% | $44K | $38K | 5x | |
| Binance ALGOUSDT | +0.0100% | 8h | 0.1121 | −0.087% | $9.7M | $34.4M | 75x | as long as short |
| Bybit ALGOUSDT | +0.0100% | 8h | 0.1121 | −0.071% | $11.2M | $12.5M | 75x | as long as short |
| OKX ALGO-USDT-SWAP | +0.0100% | 8h | 0.1122 | 0.000% | $2.8M | $7.9M | 50x | as long as short |
| Gate ALGO_USDT | +0.0100% | 8h | 0.1119 | −0.250% | $869K | $905K | 50x | as long as short |
gTrade (Gains Network) ALGO/USD
Deribit ALGO_USDC-PERPETUAL
Injective ALGO/USDC PERP
Coinbase International ALGO-PERP-INTX
Hyperliquid ALGO
Binance ALGOUSDT
Bybit ALGOUSDT
OKX ALGO-USDT-SWAP
Gate ALGO_USDTShow all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC ALGO_USDT | +0.0100% | 8h | 0.1121 | −0.089% | $23.2M | $3.1M | 200x | as long as short |
| KuCoin ALGOUSDTM | +0.0100% | 8h | 0.1122 | +0.027% | $3.5M | $1.5M | 50x | as long as short |
| Bitget ALGOUSDT | +0.0100% | 8h | 0.1122 | 0.000% | $5.6M | $3.5M | 75x | as long as short |
| BingX ALGO-USDT | +0.0100% | 8h | 0.1121 | −0.062% | — | $3.3M | — | as long as short |
| Variational Omni ALGO | +0.0100% | 8h | 0.1114 | −0.735% | $61K | $12K | — | as long as short |
| HTX ALGO-USDT | +0.0100% | 8h | 0.1119 | −0.276% | $60K | $136K | 75x | as long as short |
| Phemex ALGOUSDTlong | +0.0100% | 8h | 0.1122 | long leg | $3.8M | $1.8M | 50x | |
| Extended ALGO-USD | +0.0104% | 1h | 0.1121 | −0.086% | $4K | $235K | 10x | as long as short |
| BloFin ALGO-USDT | +0.0220% | 8h | 0.1118 | −0.383% | $481K | $881K | 75x | as long as short |
| GMX ALGO/USD [WBTC.b-USDC] | L +0.0319% / S −0.0264% | 1h | 0.1121 | −0.127% | $6K | — | 100x | as long as short |
| Kraken Futures PF_ALGOUSD | +0.0374% | 1h | 0.1121 | −0.068% | $828K | $1.0M | 50x | as long as short |
| dYdX ALGO-USD | +0.0890% | 1h | 0.1121 | −0.107% | $162K | $4K | 5x | as long as short |
MEXC ALGO_USDT
KuCoin ALGOUSDTM
Bitget ALGOUSDT
BingX ALGO-USDT
Variational Omni ALGO
HTX ALGO-USDT
Extended ALGO-USD
BloFin ALGO-USDT
GMX ALGO/USD [WBTC.b-USDC]
Kraken Futures PF_ALGOUSD
dYdX ALGO-USD